Only 10% of global potential for Supply Chain Finance has been addressed.
CashWorks allows your business to capitalize on fast approval of invoices from your suppliers.
CashWorks transforms your efficiency into cost savings via reduced spend and less time spend on inquiries from your suppliers. The faster you are able to approve the invoices and the more suppliers you invite to participate – the greater benefits you will harvest.
CashWorks is a digital platform that enables fast and hassle-free early payment of invoices against a dynamic discount to your frequent suppliers. CashWorks leverages existing banking payment infrastructure combined with a modern and digital interface. CashWorks is easy to implement and requires a minimal effort to install and use.
CashWorks is easy to implement and to use – both from your and your suppliers’ point of view. CashWorks doesn’t intervene with your invoice handling processes and CashWorks don’t require specific standards of the invoices.
All you need to do is to select which suppliers you would like to invite for CashWorks and let CashWorks know when you have approved the individual invoices and hence are ready to pay them. It cannot be simpler!
Input your own numbers and see how much you can improve your business
CashWorks offers flexible funding options, using own liquidity, your bank or external funding.
CashWorks is the obvious next steps for buyers who have extended their payment terms to improve their working capital.
CashWorks targets the long tail of suppliers – allowing buyers to focus on strategically important suppliers.